Comparison between Sabar Flex IPO and Virtuoso Optoelectronics IPO.
IPO Details
Sabar Flex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Virtuoso Optoelectronics IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Sabar Flex IPO is up to ₹4.25 Cr whereas the issue size of the Virtuoso Optoelectronics IPO is up to ₹28.67 Cr. The final issue price of Sabar Flex IPO is ₹11.00 per share and of Virtuoso Optoelectronics IPO is ₹56.00 per share.
IPO Timetable
Sabar Flex IPO opens on Sep 08, 2022, while Virtuoso Optoelectronics IPO opens on Sep 02, 2022. The closing date of Sabar Flex IPO and Virtuoso Optoelectronics IPO is Sep 13, 2022, and Sep 07, 2022, respectively.
| | Sabar Flex IPO | Virtuoso Optoelectronics IPO |
|---|
| Issue Open | Sep 08, 2022 | Sep 02, 2022 |
| Issue Close | Sep 13, 2022 | Sep 07, 2022 |
| Basis Of Allotment (Tentative) | Sep 16, 2022 | Sep 12, 2022 |
| Initiation of Refunds (Tentative) | Sep 19, 2022 | Sep 13, 2022 |
| Credit of Share (Tentative) | Sep 20, 2022 | Sep 14, 2022 |
| Listing date (Tentative) | Sep 21, 2022 | Sep 15, 2022 |
Financials & KPIs
Sabar Flex IPO P/E ratio is 9.48, as compared to Virtuoso Optoelectronics IPO P/E ratio of 6.92.
Shares Offered
In the Sabar Flex IPO Retail Individual Investors (RII) are offered 19,30,000 shares while in Virtuoso Optoelectronics IPO retail investors are offered 19,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Sabar Flex IPO and in Virtuoso Optoelectronics IPO.
| | Sabar Flex IPO | Virtuoso Optoelectronics IPO |
|---|
| Market Maker Reservation | 2,10,000 shares | 2,80,000 shares |
| NII | 19,30,000 shares | 25,60,000 shares |
| RII | 19,30,000 shares | 25,60,000 shares |
| Total | 38,60,000 shares | 51,20,000 shares |
Bids Received (Subscription)
Sabar Flex IPO subscribed 85.47x in total, whereas Virtuoso Optoelectronics IPO subscribed 96.91x.
